24 S 600 East, Salt Lake City, UT 84102

Newport Square – $2,000,000

Realtor®

Hank Mastain

Phone Number

(435) 513-0696

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Description

Newport Square

Newport Square is a charming office building just blocks from downtown Salt Lake City with potential for re-development. Iconic location on 600 East, just off South Temple by the Governor's mansion. Non-historic with an oversized .30-acre lot and RO zoning, allowing for multifamily, residential, and office use. Originally configured as large one-bedroom apartments before the current owner converted to 7 private offices in 1982. Potential for investors to increase income through market rents and renting the office and six private garages that the owner has used for himself. Conversion back to apartments could provide higher income. However, there is a unique potential to pursue a new build or expand the existing building, given its non-historic status and small footprint on the oversized lot. Whatever your vision, Newport Square presents an increasingly scarce opportunity for end-users, investors, and developers alike. Shown by appointment outside of office hours.

Property Details

Specifications
  • Year Built1893
  • Lot Size0.3 Acres
  • Living Space5,274 Sq.Ft.
  • Real Estate Taxes$8,624
  • Sales Price$2,000,000
Amenities
  • Public
  • 220 Volt Power
  • Cable Available
  • Electricity Connected
  • High Speed Internet Available
  • Natural Gas Connected
  • Phone Available
  • Public Sewer
  • Asphalt
  • Guest Parking
  • Private
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  • Concrete Perimeter
  • Concrete Slab
  • Central Air
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  • Zoned
  • Restrooms - Private
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Work With Hank

Hank is a great fit for buyers and sellers who want an authentic and responsive real estate agent that is easy to work with and who delivers an enjoyable experience with exceptional results.

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